Merger Notification - Announcement according to § 10 Cartel Act
Crédit Agricole S.A.; Unibail-Rodamco Invest GmbH; Unibail-Rodamco-Westfield S.E
BWB/Z-5397
On 29.04.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Crédit Agricole S.A. (France) intends to acquire indirectly, through its controlled indirect subsidiary Predica. S.A. (France), a non-controlling minority shareholding in Unibail-Rodamco Invest GmbH (Austria), the indirect owner and operator of the Shopping City Sued (SCS) shopping centre located close to Vienna.
The concentration concerns the rental of real estate properties.
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.05.2021.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 28.05.2021 .